![]() To value: Here, you need to input the real desired value of our new equation, which the goal seek function will create. For our example, that’s cell B3, which holds our formula =SUM(B1+B2). Set cell: Here, you need to input the name of the cell where the formula is located. The goal seek function requires input for three options. Select that, and from the menu, select Goal Seek. Under the Data Validation and Consolidate options, you’ll find a drop-down menu for What-If Analysis. At the far right, there should be a group called Data Tools. Next, navigate up to the Data tab in the ribbon menu. A value of 100 should appear in cell B3, the sum of cells B1 and B2. Next, select cell B3 and enter =SUM(B1+B2) into the formula bar, and press Enter. ![]() ![]() In cell A3, we have the text “Desired Result,” used as a label for the expected outcome of our equation. In the current equation, we have a value of 75, as seen in cell B2. In cell A2, we have the text “Uncertain Value,” used as a label for the input value we want to determine. In this example, that value is 25, as seen in cell B1. In cell A1, we have the text “Already Know,” used as a label for the value within our formula that we’re certain of. To get a better understanding of what the goal seek command actually does, create a spreadsheet that looks similar to this: Udemy has numerous Excel classes aimed at beginners, as well as advanced Excel training for more experienced users. This guide will focus on the goal seek command. ![]() Other commands in the what-if analysis tool set are the scenario manager and the ability to create data tables. The goal seek function, part of Excel’s what-if analysis tool set, allows the user to use the desired result of a formula to find the possible input value necessary to achieve that result. But what if you don’t know all the numbers involved in a calculation, or you want to test certain financial scenarios within the confines of a spreadsheet? That’s where Excel’s what-if analysis tools come in. You can use it to organize tabular data sets, and perform a variety of calculations with that data. Excel is great for maintaining to-do lists, keeping a budget, tracking finances, and more. ![]()
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